THE RED CELL PROJECT Sample Clauses

THE RED CELL PROJECT. The Initial Budget for one Project approved, as of the Effective Date of this Agreement, by the Management Board is the Red Cell Project, attached hereto as Schedule A. Each party shall perform the respective tasks set forth on Schedule A. (i) All funding of the Red Cell Project shall be provided by Steritech, until Regulatory Approval to commence Phase II clinical trials in the United States or Europe under the Platelet Agreement (the "Platelet Milestone"), except as provided in Subsection 3.3(a)(ii). Steritech will use reasonable commercial development efforts to conduct such program in 1996 in accordance with the budget for 1996 on Schedule A, including expenditure of the amounts called for in such budget for 1996. Upon achievement of the Platelet Milestone, Xxxxxx shall participate in the Red Cell Project in accordance with this Agreement, including without limitation the obligation to share fifty percent (50%) of the costs and expenses of the Cooperative Development Work incurred on or after January 1, 1997, and to market and sell the Systems for Red Cells developed under this Agreement. Xxxxxx shall pay to Steritech on the later of (a) the date of achievement of the Platelet Milestone, or (b) January 1, 1997, fifty percent (50%) of the amount (if any) expended by Steritech under the Project budget from January 1, 1997 to the date of payment, and shall also pay to Steritech on such date, and on the first day of each calendar year thereafter, the amount by which Steritech's budgeted expenditures under the then current Project budget for the then current calendar year (including amounts budgeted to be expended by Steritech on outside expenses) exceeds fifty percent (50%) of the budgeted expenditures for such period. (ii) Notwithstanding Subsection 3(a)(i), in the event that, for any reason, the Platelet Milestone is not achieved by September 30, 1997, then Xxxxxx must provide notice of its commitment to participate ("Red Cell Commitment Notice") in the Red Cell Project, [ *** ] = CERTAIN CONFIDENTIAL INFORMATION CONTAINED IN THIS DOCUMENT, MARKED BY BRACKETS, HAS BEEN OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO RULE 24B-2 OF THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED.
Sample 1
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THE RED CELL PROJECT. The Initial Budget for one Project approved, as of the Effective Date, by the Management Board is the Red Cell Project, attached hereto as Schedule A-1. The approved budget for 1998 for the Red Cell Project, as amended, is attached hereto as Schedule A-2. The parties agree to establish a reasonable budget for subsequent periods for the Red Cell Project, unless the Management Board determines to discontinue such Project. Each party shall perform the respective tasks set forth on Schedules A-1 and A-2, except as the Management Board shall otherwise determine. (i) All funding of the Red Cell Project was provided by Cerus, until [...***...
Sample 1
THE RED CELL PROJECT. The approved budget for 1998 for the Red Cell Project is attached hereto as Schedule A. The parties agree to establish a reasonable budget for subsequent periods for the Red Cell Project, unless the Management Board determines to discontinue such Project. Each party shall perform the respective tasks set forth on Schedule A, except as the Management Board shall otherwise determine. (i) All funding of the Red Cell Project was provided by Cerus, until Regulatory Approval to commence Phase III clinical trials in the United States or Europe under the Platelet Agreement (the "Platelet Milestone"). Baxter shall participate in the Red Cell Project in accordance with this Agreement, including without limitation, the obligation to share fifty percent (50%) of the costs and expenses of the Cooperative Development Work incurred on or after January 1, 1997, and to market and sell the Systems for Red Cells developed under this Agreement. Subject to Section 3.3.(a)(iii) hereof, Baxter shall pay to Cerus on the date of achievement of the Platelet Milestone fifty percent (50%) of the amount expended by Cerus under the Project budget from January 1, 1997 to the date of payment. (ii) The parties acknowledge that the Platelet Milestone was achieved on September 30, 1997. (iii) Notwithstanding the foregoing provisions of this Section 3.3.(a), to the extent the approved budget for 1998 for the Red Cell Project exceeds Seven Million Three Hundred Thousand Dollars ($7,300,000), Cerus will fund all expenses for the Red Cell Project in 1998 in excess of such amount, up to the amount of the approved budget
Sample 1

Related to THE RED CELL PROJECT

  • Generating Facility The Interconnection Customer’s device for the production of electricity identified in the Interconnection Request, but shall not include the Interconnection Customer’s Interconnection Facilities.

  • Project Completion Date It is agreed between the Parties that the Project Completion Date is <END DATE, YEAR>. If the Project is not completed by such date then, subject to an amendment agreed to between the Parties, Alberta Innovates may elect to terminate this Investment Agreement. In such event, Alberta Innovates will notify the Applicant of its decision to terminate as soon as reasonably practical and shall advise the Applicant of the effective date of termination. Alberta Innovates will have no liability or obligation to reimburse the Applicant for any Project Costs incurred after the effective date of termination and may require the Applicant to return any portions of the Investment which were spent on Ineligible Expenses. Additionally, any portion of the Investment not used and accounted for in accordance with this Agreement as of the Project Completion Date or earlier termination is repayable by the Applicant to AI at AI’s request.

  • Loop Provisioning Involving Integrated Digital Loop Carriers 2.6.1 Where Xxxx has requested an Unbundled Loop and BellSouth uses IDLC systems to provide the local service to the End User and BellSouth has a suitable alternate facility available, BellSouth will make such alternative facilities available to Xxxx. If a suitable alternative facility is not available, then to the extent it is technically feasible, BellSouth will implement one of the following alternative arrangements for Xxxx (e.g. hairpinning): 1. Roll the circuit(s) from the IDLC to any spare copper that exists to the customer premises. 2. Roll the circuit(s) from the IDLC to an existing DLC that is not integrated. 3. If capacity exists, provide "side-door" porting through the switch. 4. If capacity exists, provide "Digital Access Cross Connect System (DACS)- door" porting (if the IDLC routes through a DACS prior to integration into the switch). 2.6.2 Arrangements 3 and 4 above require the use of a designed circuit. Therefore, non- designed Loops such as the SL1 voice grade and UCL-ND may not be ordered in these cases. 2.6.3 If no alternate facility is available, and upon request from Xxxx, and if agreed to by both Parties, BellSouth may utilize its Special Construction (SC) process to determine the additional costs required to provision facilities. Xxxx will then have the option of paying the one-time SC rates to place the Loop.

  • Project Completion The Contractor agrees to schedule a final job walk with the County. If required, the County will prepare a list of incomplete items, the “Punch List”. The Contractor agrees to complete the “Punch List” corrections and schedule a final project completion job walk. The County will sign the “Punch List” as completed when determined, the project is finished. The Contractor agrees to submit the following along with its final payment request:

  • Project Closeout a. Participate in final inspection to prepare punch lists for project contractor to correct and/or to complete listed items. Verify that items on punch lists have been completed successfully assist COUNTY Project Manager or designee to determine completion date and coordinate project close out. a. Coordinate the preparation, acceptance and distribution of project closeout documents in accordance with COUNTY Project Manager or designee procedures to clients.

  • Project Cost Overruns In the event that the Recipient determines that the moneys granted pursuant to Section II hereof, together with the Local Subdivision Contribution, are insufficient to pay in full the costs of the Project, the Recipient may make a request for supplemental assistance to its District Committee. The Recipient must demonstrate that such funding is necessary for the completion of the Project and the cost overrun was the result of circumstances beyond the Recipient's control, that it could not have been avoided with the exercise of due care, and that such circumstances could not have been anticipated at the time of the Recipient's initial application. Should the District Committee approve such request the action shall be recorded in the District Committee's official meeting minutes and provided to the OPWC Director for the execution of an amendment to this Agreement.

  • Notice to Proceed - Site Improvements The Recipient shall not commence, or cause to be commenced, any site improvements or other work on the Land until the Director has issued a Notice to Proceed to the Recipient. Such Notice to Proceed will not be issued until the Director is assured that the Recipient has complied with all requirements for the approval of a grant under Revised Code Sections 164.20 through 164.27 and has completed any land acquisition required by the Project. A Notice to Proceed shall be required for all Project prime contractors or direct procurement initiated by the Recipient following execution of this Agreement.

  • Selection of Subcontractors, Procurement of Materials and Leasing of Equipment The contractor shall not discriminate on the grounds of race, color, religion, sex, national origin, age or disability in the selection and retention of subcontractors, including procurement of materials and leases of equipment. The contractor shall take all necessary and reasonable steps to ensure nondiscrimination in the administration of this contract. a. The contractor shall notify all potential subcontractors and suppliers and lessors of their EEO obligations under this contract. b. The contractor will use good faith efforts to ensure subcontractor compliance with their EEO obligations.

  • Innovative Unit Scheduling Schedules other than those included in Articles 13.01 and 13.02 may be developed in order to improve quality of working life, support continuity of patient care, ensure adequate staffing resources, and support cost-efficiency. The parties agree that such innovative schedules may be determined locally by the Hospital and the Union subject to the following principles: (a) Such schedules shall be established by mutual agreement of the Hospital and the Union; (b) These schedules may pertain to full-time and/or part-time nurses; (c) The introduction of such schedules and trial periods, if any, shall be determined by the local parties and recorded in the Appendix of Local Provisions. Such schedules may be discontinued by either party with notice as determined within the Appendix of Local Provisions; (d) Upon written agreement of the Hospital and the Union, the parties may agree to amend collective agreement provisions to accommodate any innovative unit schedules.

  • Project Costs Simultaneously with the execution of this Agreement, the Company shall disclose to the Department all of the Project Costs which the Company seeks to include for purposes of determining the limitation of the amount of the Credit pursuant to Section 5-30 of the Act and provide to the Department a Schedule of Project Costs in the form as attached hereto as Exhibit C.

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